More borrowers choose longer-term mortgages than two-year deals for the first time
48% of mortgages written in Q4 2017 were for five years or more; 40% were two-year products. 91% were fixed-rate.
Details of next year’s non-resident SDLT surcharge published
The 2% foreign buyer levy "may help to control house price inflation, by leading to a reduction in residential property purchases by non-UK residents," suggests HM Treasury.
By PrimeResi
BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
By PrimeResi
Beneficial Ownership Register to be enforced with five-year jail sentences & unlimited fines
Draft legislation to bring in 'the world’s first public register of overseas entities’ beneficial ownership' has gone before Parliament, promising real teeth in the battle against 'dirty money' in…
By PrimeResi
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Fund snaps up Foster + Partners scheme in major Mayfair swoop
The £1.1bn investment play includes a key development site between Barlow Place and Grafton Street, along with a high-profile Grosvenor Square hotel.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
By PrimeResi
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
By PrimeResi
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
In Pictures: Canal-side mansion in Little Venice seeks £16.5mn
Grade II listed stonker on Blomfield Road is the complete package, say agents.
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
Anatomy of a market: Prime Central London explained in 10 charts
A data-led look at activity and pricing across the capital's £3mn-plus sector.
Prime property listening: five industry podcasts worth tuning into
Catch up on conversations with resi insiders in PrimeResi's regular round-up, featuring episodes from Knight Frank, Russell Simpson, Strutt & Parker & more...
The main risk for the housing market now is political – Knight Frank
Lower mortgage rates should underpin demand, but this week's by-election outcome may shape sentiment, explains the agency's head of UK resi research Tom Bill.
By Tom Bill
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Industry reacts as UK resi transactions show early-year slowdown
Volumes were 5% below the five-year average in January as Budget implications continued to reverberate - but analysts expect activity will recover in the coming months.
Rightmove profits rise 9% as agents spend more
Property portal reports 'strong operational & financial performance' in 2025 - but the Plc could soon fall out of the FTSE 100.
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Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
Exclusive: Sales chief Claire Reynolds explains how the agency's new brokerage will operate alongside traditional offices, what the move could unlock, and what it says about the industry’s evolution.
In Pictures: ‘World-renowned’ Scottish estate seeks £67mn
Tulchan is one of the great Highland estates. 'The opportunity it offers is unmatched in Scotland today,' says Savills.
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